Telco

Telco

Raba net losses drop 88.1% to Ft 181 mln in Q1

Vehicle and vehicle parts maker Rába Nyrt had net losses of Ft 181 million (€697,737) in the first three months...

Telco

Egis net profit up 47.9% in first half of business year

Pharmaceuticals company Egis Rt had consolidated net profit of Ft 10.032 billion (€38.7 million) in the first half of its...

Telco

PSzÁF fines Magyar Telekom for failing to publish audited report

The State Financial Supervisory Authority (PSzÁF) announced on Tuesday it fined incumbent telco Magyar Telekom Nyrt Ft 6 million for...

Telco

Richter posts net profit of Ft 14.83 billion in Q1

Hungarian drugmaker Richter Gedeon Rt posted consolidated net profit of Ft 14.83 billion (€56.9 million) in January-March 2006, 72.3% more...

Telco

Keler AGM approves Ft 2.1 bln dividend

Shareholders of the Central Depository and Clearing House Rt (Keler) approved at an AGM on Wednesday payment of a Ft...

Telco

Zwack revenue falls, profits steady

Zwack Unicum Rt, Hungary's best-known spirits maker, reported declining revenue but healthy profits from its core activities in its business...

Telco

Pannonplast net profit Ft 109 mln in Q1

Plastics maker Pannonplast Rt had consolidated net profit of Ft 109 million in the first quarter of 2006, as against...

Telco

Mol shareholders approve Ft 35 bln dividend on 2005 profits

Shareholders of Hungarian oil and gas company Mol Rt approved at an AGM on Thursday payment of a Ft 35...

Telco

Szerencsejáték Q1 profit up 74.4% yr/yr

Hungary's state lottery company Szerencsejáték Zrt had after-tax profit of Ft 865 million in the first quarter of 2006, 74.4%...

Telco

BIF shareholders approve Ft 258 mln dividend

Shareholders of real estate developer BIF Rt approved at an AGM on Monday payment of a Ft 258 million dividend...

Telco

OTP proposes 26% higher dividend

OTP Bank Rt proposes to increase its annual dividend to Ft 197 a share from Ft 156 last year, the...

Telco

Nestlé revenue in Hungary increases 16.2% in 2005

The Hungarian unit of Swiss food company Nestlé had after-tax profit of Ft 3.5 billion on revenue of Ft 82...

Telco

PanTel to enter retail market

Business communication firm PanTel Kft will enter the retail telecommunication market this month, the company announced yesterday....

Telco

Samsung targets 20% increase in revenue from handset sales

The Hungarian unit of Korea's Samsung targets revenue of Ft 18 billion in 2006, 20% more than in 2005, sales...

Telco

Magyar Telekom announces delay of AGM

Magyar Telekom Nyrt announced on Thursday it would be unable to schedule its annual shareholders' meeting by the end April,...

Telco

4iG Unit One Macedonia Wins 5G Tender in North Macedonia

One Macedonia has won North Macedonia's 5G frequency tender, parent company 4iG Group said, according to a report by Hungarian...

Telco

Ericsson Launches 6G lab in Budapest R&D Center

Ericsson announced on Wednesday, Nov. 12, the opening of a new 6G Lab at its R&D center in Budapest. The...

Telco

Building a Culture Where Digitalization Comes Naturally

Yettel Hungary’s chief commercial officer, Nemanja Žilović, explains how the company is reshaping its culture to embrace AI responsibly, empower...

Telco

4iG Telco Companies to Wind up Merger in October

Listed ICT company 4iG will wind up the merger under company law of its telco units, DIGI, Antenna Hungaria and...

Telco

Acquisitions Impact Puts 4iG in the Red

4iG booked a first-half loss of HUF 1.1 billion as the impact of acquisitions weighed, the company said in an...

Telco

Yettel Holds Lead as Hungary’s Fastest Mobile Network

Yettel has once again been recognized as Hungary's fastest mobile network, according to Ookla Speedtest Intelligence and szelessav.net nationwide measurements,...

Telco

Telekom Campus Reaches Full Occupancy

Starting from September 2025, an insurance company will occupy approximately 1,000 sqm of office space in the Telekom Campus, developed...

Telco

Magyar Telekom Earnings Climb on Improved Margin, Tax Rollback

Q2 net income of Magyar Telekom rose 29% year-on-year to HUF 56 billion, supported by a wider margin and the...

4iG Group, SpaceX Sign European Deal for Starlink Mobile, Sovereign Solutions

4iG Group and SpaceX have signed agreements to introduce Starlink Mobile services and develop secure sovereign satellite communications solutions in...

Sziget Festival Sets New Mobile Data Traffic Record on Yettel Network

Festival-goers generated nearly 54 terabytes of mobile data traffic on Yettel’s network during this year’s Sziget Festival, setting a new...

4iG, Yettel Owner Seek Network Partnership

Units of 4iG, which owns the One telecommunications brand, and e& PPF Telecom Group, which operates the Yettel brand, have...

4iG Unit One Macedonia Wins 5G Tender in North Macedonia

One Macedonia has won North Macedonia's 5G frequency tender, parent company 4iG Group said, according to a report by Hungarian...

4iG SDT Wins Exclusive Rights to Sell Tatra Military, Special Vehicles in Hungary

4iG SDT has signed an exclusive commercial cooperation agreement with Tatra Trucks a.s., granting the Hungarian company sole representation and...

Ericsson Launches 6G lab in Budapest R&D Center

Ericsson announced on Wednesday, Nov. 12, the opening of a new 6G Lab at its R&D center in Budapest. The...

Building a Culture Where Digitalization Comes Naturally

Yettel Hungary’s chief commercial officer, Nemanja Žilović, explains how the company is reshaping its culture to embrace AI responsibly, empower...

Magyar Telekom Earnings Climb on Improved Margins, Tax Rollback

Q3 net income of Magyar Telekom rose 24% y.o.y. to HUF 55.3 bln, supported by a wider margin and the...

4iG Signs Letter of Intent to Promote Connectivity in Western Balkans

4iG said that it concluded a non-binding letter of intent with the EC and Geant in which they jointly affirmed...

4iG Telco Companies to Wind up Merger in October

Listed ICT company 4iG will wind up the merger under company law of its telco units, DIGI, Antenna Hungaria and...

Watchdog Launches Probe of Language Learning App Duolingo

Hungary's Competition Authority (GVH) on Wednesday announced the launch of a probe of Duolingo, a U.S.-based company with a language...

Acquisitions Impact Puts 4iG in the Red

4iG booked a first-half loss of HUF 1.1 billion as the impact of acquisitions weighed, the company said in an...

Yettel Holds Lead as Hungary’s Fastest Mobile Network

Yettel has once again been recognized as Hungary's fastest mobile network, according to Ookla Speedtest Intelligence and szelessav.net nationwide measurements,...

Telekom Campus Reaches Full Occupancy

Starting from September 2025, an insurance company will occupy approximately 1,000 sqm of office space in the Telekom Campus, developed...

Magyar Telekom Earnings Climb on Improved Margin, Tax Rollback

Q2 net income of Magyar Telekom rose 29% year-on-year to HUF 56 billion, supported by a wider margin and the...